trending Market Intelligence /marketintelligence/en/news-insights/trending/AkVjFdONlpqbXL4TntMrdw2 content esgSubNav
In This List

Hao Wen Holdings expects loss for FY'18

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration


Hao Wen Holdings expects loss for FY'18

Hong Kong-based Hao Wen Holdings Ltd. expects to record a consolidated loss for the fiscal year ended Dec. 31, 2018.

The company said the loss was mainly attributable to provisions for impairment loss of receivables and impairment loss on interest in associates.

For the year ended Dec. 31, 2017, Hoa Wen Holdings reported a loss attributable to owners of approximately 61 million Chinese yuan.

As of March 20, US$1 was equivalent to 6.69 Chinese yuan.